In the business world in China and around the world, Xu Jiayin's name and the Evergrande Group he leads have become two symbols that cannot be ignored. However, the huge debt problems faced by Evergrande Group recently make the future of Xu Jiayin and the company full of challenges. For Xu Jiayin, how to repay this huge debt has become a difficult problem in front of him.
First of all, for Evergrande Group and Xu Jiayin personally, although selling assets can solve temporary difficulties, it is by no means a long-term solution. This is because if a company or individual relies too much on selling assets to pay off debts, it is likely that it will not be able to completely get rid of debt after the assets are sold. Therefore, Xu Jiayin must fully take this into account when seeking a debt repayment plan.
Evergrande Group has launched self-help in some ways. For example, raising funds through the sale of shares, allotments, etc. In addition, the strategy of housing debt is also one of the methods that Evergrande has tried. The implementation of these strategies, although it is uncertain whether it can completely solve the debt problem, but at least to some extent ease Evergrande's financial pressure.
However, these measures do not appear to have fundamentally solved the debt problem facing Evergrande. In March 2022, Evergrande proposed various debt disposal plans, including asset sales and a new cooperation model of "equity transfer + custody operation" of trust institutions. The proposal of these plans shows that Evergrande is actively seeking strategies for debt restructuring and asset optimization in order to gradually get out of the predicament.
Although Evergrande has proposed some debt disposal options, the actual effect of these plans remains to be seen. The implementation of these plans undoubtedly requires the understanding and support of relevant creditors. In addition, for Xu Jiayin himself and Evergrande Group, how to maintain the stability and sustainable development of the company in the future is also a problem they need to think about and solve.
In this process, "installment" became Evergrande's main strategy for dealing with debt problems. By amortizing debt, you can spread the pressure to repay and give the company enough time to adjust and optimize its operating strategy. However, "instalment" does not mean extending the repayment period of debt unconditionally, but requires active communication and consultation with creditors to ensure that creditors' interests are protected.
In general, for Xu Jiayin and Evergrande Group, they need to actively seek diversified solutions in the face of huge debt problems. This includes asset optimization, debt restructuring, finding new partners, and optimizing the company's operational strategy. In this process, "staging" has become one of the main strategies, but this does not mean that the solution of the problem has been achieved overnight. On the contrary, it will require more effort and time from Xu Jiayin and Evergrande Group to actively communicate and negotiate with creditors to ensure that a solution can be found that is most beneficial to all.
In the future, Xu Jiayin and his team will continue to face various challenges that may arise. They must ensure that the company can survive this difficult time, and they also need to ensure the long-term stability of the company. This is undoubtedly a major test of Xu Jiayin's leadership ability and decisiveness, and also a severe challenge to the overall strength of Evergrande Group.
However, no matter how difficult the road ahead, Xu Jiayin and his team have already made a decision and started to take action. Their determination and ability to act give a glimmer of hope. Although the future path is full of uncertainty, Evergrande's determination and the strength of the team make people full of expectations for them. Perhaps in the near future, Xu Jiayin and his team will find the best solution to the debt problem and lead Evergrande Group to new glory.